1, WAKEFIELD CLOSE, GRANTHAM, NG31 8RT - £169,950

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 WAKEFIELD CLOSE is a very small detached house of 58m², built sometime between 1983 and 1990. It was last sold for £169,950 in October 2017, which was around 42% below the average October 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

1 WAKEFIELD CLOSE Sold Prices

Land registry data shows three sales for 1 WAKEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 1 WAKEFIELD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 5 OCT	£169,950	£291,487	42% below HPI
2013 19 MAR	£123,500	£215,184	43% below HPI
1995 25 SEP	£44,000	£72,250	39% below HPI

1 WAKEFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 1 WAKEFIELD CLOSE sales between September 1995 and October 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2017 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 1 WAKEFIELD CLOSE?

1 WAKEFIELD CLOSE is 58m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 1 WAKEFIELD CLOSE lies on this distribution: 3% of detached houses are smaller than 1 WAKEFIELD CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

1 WAKEFIELD CLOSE: Plot and Title Map

1 WAKEFIELD CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 1 WAKEFIELD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 WAKEFIELD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 WAKEFIELD CLOSE?

1 WAKEFIELD CLOSE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 1 on WAKEFIELD CLOSE.